FLOAT

Rolex Explorer Ref. 1016

Maker
Rolex
Year
1963-1989
Rank
18 of 100
Identifier
Ref. 1016, steel, 3-6-9 dial, the long-run vintage Explorer

Rolex Explorer Ref. 1016

Market asking price, not a sale: $14,000, dated 2026-06. This is not a sale. It is what the market was asking, and no transaction is recorded behind it.

What is it, and why is it in the FLOAT 100?

The archetypal Explorer — a clean, robust 36mm three-six-nine dial that is one of the most beloved vintage Rolex tool watches.

Ref. 1016, steel, 3-6-9 dial, the long-run vintage Explorer

What is the best-sourced number for it?

Figure
$14,000
Kind
Market asking price, not a sale
Date
2026-06

This is an asking price, not a sale. It is what a seller wanted on the date shown, and asking prices sit above what buyers pay more often than not. Read it as a ceiling on the market's opinion at that moment, not as a value.

By reference price, Rolex Explorer Ref. 1016 is number 76 of 100 in the watches entries of the FLOAT 100. 23 of those 100 rest on a realized sale; the rest carry an asking price or a guide value, and each page says which. Rank within the FLOAT 100 itself (18 here) is editorial: how much an object defines its field, not price alone.

How this is made

The figure
One reference price, shown with its own kind. FLOAT does not average it with anything or adjust it for time.
Realized or not
A realized price is a completed sale. A market asking price and a price-guide value are not sales, and are labeled as such wherever they appear.
Why no grade ladder
Most FLOAT 100 entries are individual objects. There is one of this, so there is no population and no spread across grades to show.
Archive
2026-08-08

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